Similar Search Results

Current Account Deficits and Capital Flows in East Asia and Latin America : Are the Nineties Different from the Early Eighties?

Milesi-Ferreti, G-M; Razin, A - Foerder Institute for Economic Research, Eitan Berglas … - 1997

A number of East Asian and Latin American countries have beeen the recipients of a large portion of total international capital flows to developing countries, both in the late seventies/early eighties and in the early nineties. These inflows have financed persistent current account imbalances,...

Persistent link: https://www.econbiz.de/10005675429

On the Internationalization of Portfolios

Brainard, William C.; Tobin, James - Cowles Foundation for Research in Economics, Yale University - 1991

Portfolio theory has been an important component of open economy macroeconomic models. In those models, it is essential to distinguish among several categories of assets, both foreign and domestic, and to specify the demands and supplies. This framework has become increasingly relevant....

Persistent link: https://www.econbiz.de/10005464019

Risk and Financial Development. A Comparative Case Study of Mexico and Indonesia.

Eicher, T-S; Turnovsky, S-J - Department of Economics, University of Washington - 1997

In this paper we use the insights of the stochastic general equilibrium growth model to help understand the effects of risk on the real, risk adjusted return to capital, capital flows, exchange rate policy, and economic growth in two Pacific Basin economies, Mexico and Indonesia, over the period...

Persistent link: https://www.econbiz.de/10005618526

The Effect of Exchange Rate and Inflation on Foreign Direct Investment and Its Relationship with Economic Growth in Nigeria

OMANKHANLEN, Alex Ehimare - In: Economics and Applied Informatics (2011) 1, pp. 5-16

between FDI and economic growth in Nigeria. A thirty year period was studied. A linear regression analysis was used on the … thirty year data to determine the relationship between inflation, exchange rate, FDI inflows and economic growth. The study … reveals that FDI follow economic growth occasioned by trade openness which saw the entry of some major companies especially …

Persistent link: https://www.econbiz.de/10010625580

Analysis of an unannounced foreign exchange regime change

Khemraj, Tarron; Pasha, Sukrishnalall - Volkswirtschaftliche Fakultät, … - 2011

Starting in 2004 the Guyanese foreign exchange rate has been remarkably stable relative to earlier periods. This paper explores the reasons for the stability of the rate. First, the degree of concentration in the foreign exchange market has increased, thus making the task of moral suasion...

Persistent link: https://www.econbiz.de/10011110737

Sterilization Costs and Exchange Rate Targeting.

Keltzer, K.; Spiegel, M. - Economisch Institut voor het Midden en Kleinbedrijf- - 1999

This paper examines the movements of exchange rates and capital inflows in an environment where an optimizing central bank pursuing the joint goals of inflation and output targeting engages in costly sterilization activities.

Persistent link: https://www.econbiz.de/10005634493

Private Investment and Macroeconomic Environment in the South Pacific Island Countries : A Cross-Country Analysis.

Jayaraman, T-K - Asian Development Bank - 1996

The paper undertakes an empirical investigation of key macroeconomic factors affecting private investment in the South Pacific developing member countries. The study finds that instability in the real exchange rate had a sizeable adverse effect on private investment.

Persistent link: https://www.econbiz.de/10005474959

Surfing the waves of globalization : Asia and financial globalization in the context of the trilemma

Aizenman, Joshua; Chinn, Menzie David; Itō, Hiro - 2010

Persistent link: https://www.econbiz.de/10003960193

Home bias, transactions costs, and prospects for the Euro : a more detailed analysis

Mann, Catherine L.; Meade, Ellen E. - 2002

This paper brings together the literature on determination of home bias in equity holdings and the portfolio balance model of exchange rates to consider whether the dollar might be affected by a change in transactions costs that alters international portfolio allocations. The empirical findings...

Persistent link: https://www.econbiz.de/10010503711

The impact of the National Bank of Romania Monetary Policy on the Balance of Payments

Radulescu, Magdalena - In: Journal for Economic Forecasting 4 (2007) 2, pp. 26-43

The matter of balance adjustment generates many interesting reflections. For a long time, the equilibrium of the balance of payments was the focus of theoretical debates referring to international economy. At the beginning, it was reduced to the equilibrium of the balance of current...

Persistent link: https://www.econbiz.de/10005612259